Increase in income means
increase in tax liability.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced
increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
tax law, such as the effect of The
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates
increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product
liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
«The Treasury Department estimates that the Administration's
tax cut proposals would (1)
increase tax receipts from the AMT by $ 262 billion over the 2002 - 2011 period, and (2)
increase the number of taxpayers
in 2011 who have additional
tax liability because of the AMT from 20.4 million to 34.7 million.»
¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit,
increase the chance the policy will lapse, and may result
in a
tax liability if the policy terminates before the death of the insured.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to,
increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue growth
in its key product categories,
increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes
in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes
in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product
liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the nations
in which the Company operates; the volatility of capital markets;
increased pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions
in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events
in the locations
in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock;
tax law changes or interpretations; pricing actions; and other factors.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock
in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement
in connection with a qualifying initial public offering, as further described
in Note 1 to our consolidated financial statements included elsewhere
in this prospectus, (iii) the
increase in accrued expenses and other current
liabilities and an equivalent decrease
in additional paid -
in capital of $ 187.2 million
in connection with the withholding
tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding
tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be
in effect on the completion of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock
in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement
in connection with this offering, as further described
in Note 1 to our consolidated financial statements included elsewhere
in this prospectus, (iii) the
increase in accrued expenses and other current
liabilities and an equivalent decrease
in additional paid -
in capital of $ 187.2 million
in connection with the withholding
tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding
tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be
in effect on the completion of this offering.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to, operating
in a highly competitive industry; changes
in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue growth
in its key product categories,
increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes
in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy;
tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product
liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the United States and
in various other nations
in which we operate; the volatility of capital markets;
increased pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events
in the locations
in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock
in the public markets; the Company's ability to continue to pay a regular dividend; changes
in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to,
increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue growth
in its key product categories,
increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes
in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes
in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product
liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company
in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the nations
in which the Company operates; the volatility of capital markets;
increased pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events
in the locations
in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness;
tax law changes or interpretations; and other factors.
Upon closing of this offering, we will record $ million as an
increase to the
liabilities due to existing owners under certain of the TRAs, see «Notes to Unaudited Pro Forma Consolidated Balance Sheets,» and
in the future we may record additional amounts as additional
liabilities due to existing owners under the five TRAs, such amounts collectively representing our estimate of our requirement to pay approximately 85 % of the estimated realizable
tax benefit resulting from (i) any existing
tax attributes associated with interests
in Desert Newco, LLC acquired
in the Reorganization Transactions and the exchanges described above, the benefit of which is allocable to us as a result of the same, (ii) the
increase in the
tax basis of tangible and intangible assets of Desert Newco, LLC resulting from the exchanges as described above and (iii) certain other
tax benefits related to entering into the TRAs, including
tax benefits related to imputed interest and
tax benefits attributable to payments under the
He offered the clearest indication relating to Beat, however, saying that it could
increase UBS's
tax liability in 2018 by up to SFr60 million, but the bank was exploring ways to mitigate that.
As a result, we recorded an income
tax benefit of approximately $ 29.6 billion and we
increased regulatory
liabilities of our regulated utility subsidiaries by approximately $ 6.0 billion for the portion of the deferred income
tax liability reduction that we will be required to, effectively, refund to customers
in the rate setting process.
Ontario and BC could
increase their flexibility
in the current situation by completely separating the determination of provincial income
tax liability from the determination of federal income
tax liability, as Quebec did years ago.
In a September analysis, Gov. Andrew Cuomo said 3.3 million New Yorkers would see their federal income
tax liability increase by $ 17.5 billion.
These unfunded
liabilities create pressures for higher contribution rates, local
tax increases, and spending cuts
in other areas.
The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover additional costs
in operating the premises incurred by Landlord because of any
increase in ad valorem property
taxes, charges for the electricity, heating fuel, and water consumed at the property, or
increases in premiums paid for
liability, fire or worker compensation insurance.
The cost of insurance over decades of potentially
increasing premiums, all the while ensuring the insurance policy is large enough to cover the income
tax liability, is problematic (alternatively one can wait until later
in life to insure and take a chance on whether they can still obtain insurance).
Although this does not constitute a direct
tax on the
tax - exempt interest itself, it does
increase the overall
tax liability of the individual and should be taken into account
in making the investment decision of whether or not to purchase the
tax - exempt bond.
Active and frequent trading of a fund may result
in higher transaction costs and
increased tax liability.
In many cases, scholarship funds used for qualified education expenses don't count toward taxable income, which means they won't
increase your
tax liability for the year.
Increased tax liability could result in a lower tax refund or even require you to make payment or an increased payment to
Increased tax liability could result
in a lower
tax refund or even require you to make payment or an
increased payment to
increased payment to the IRS.
Relying on the percentage change
in tax liability makes the
tax cut appear to be tilted toward the low - income household even though the legislation provides the high - income household with a percentage
increase in after -
tax income that is 1,000 times larger than the low - income households, whose change
in taxes is miniscule.
1 Such loans
increase the chance a policy will lapse, reduce the ultimate death benefit, and could result
in a
tax liability if the insured dies before the loan is repaid.
But using the cash value also
increases the chance the policy may lapse and subsequently could result
in a
tax liability.
Recall that ROC from a Canadian fund is not taxable
in the year it is received, but it lowers your adjusted cost base, thereby
increasing the future capital gains
tax liability.
For example, a loss
in the value of Security A could be sold to offset the
increase in the price of Security B, thus eliminating the capital gains
tax liability of Security B.
This
increases the share price, which may result
in a capital gains
tax liability when the shares are disposed.
But keep
in mind that loans from a life insurance policy will reduce the policy's cash value and death benefit, could
increase the chance that the policy will lapse, and might result
in a
tax liability if the policy terminates before the death of the insured.
Property values could decrease because of overbuilding, environmental
liabilities, uninsured damages caused by natural disasters, a general decline
in the neighborhood, losses due to casualty or condemnation,
increases in property
taxes, or changes
in zoning laws.
Also included
in the award is a federal
tax payment equal to 39 % of the loan payment to offset the
increase in income
tax liability.
The court found the parties» agreement as incorporated
in the final decree was unambiguous and contemplated that the responsibility for any capital gains
tax liability generated by the sale of certain stock
in Coca - Cola Enterprises, Inc., [which had
increased the parties net worth by several million dollars] would be shared equally by the parties....
These cover such categories as technical, execution and operational risks (getting things done effectively and efficiently), fiscal risks (such as government
increase in royalties or disputes over
tax liability), and state risks (such as political instability, or the uncontrolled change of ownership and
increased local content requirements).
Not only could this create
increased tax liability for a law firm, it could also result
in a legal accounting audit that could further result
in compliance issues for the firm.
Therefore, S corporations and unincorporated businesses
taxed under the GCT, BTX and UBT may see substantial
increases in their NYC
tax liability.
¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit,
increase the chance the policy will lapse, and may result
in a
tax liability if the policy terminates before the death of the insured.
1Loans or partial withdrawals can reduce the policy's cash value and death benefit, can
increase the possibility of policy lapse, and may result
in a
tax liability.
Access to cash values through borrowing or partial surrenders can reduce the policy's cash value and death benefit,
increase the chance that the policy will lapse, and may result
in a
tax liability if the policy terminates before the death of the insured.
Access to cash values through borrowing will reduce the policy's cash value and death benefit,
increase the chance the policy will lapse, and may result
in a
tax liability if the policy terminates before the death of the insured.
At this juncture, it is important to keep
in mind that your annual package is directly proportionate to your
tax liability, meaning, as your income
increases, your
tax liability increases as well.
Increases in maintenance costs, collection fees, servicing interest, levies and municipal rates and
taxes will become a real
liability for the average property owner.
This makes it extremely difficult for you to trade up
in real estate value,
increase your cash flow and ultimately your net - worth when you have to recognize and pay these income
tax liabilities.
For example, buyers of 96.2 %, 87.4 %, and 81.9 % of listings
in San Francisco, San Jose, Calif., and Orange County, Calif., respectively, would experience an
increase in their housing - related
tax liabilities should the president ultimately sign such a bill.